Multiple Choice
If the demand for golf is unit-price elastic and your local public golf course increases the greens fees for using the course,you expect:
A) a decrease in total revenue received by the course.
B) an increase in total revenue received by the course.
C) a decrease in the amount of golf played on the course.
D) no change in the amount of golf played on the course.
Correct Answer:

Verified
Correct Answer:
Verified
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